Bond Northern Macedonia 0% ( MKMINFDYL204 ) in MKD

Issuer	Northern Macedonia
Market price	100 % ⇌
Country	Macedonia
ISIN code	MKMINFDYL204 ( in MKD )
Interest rate	0%
Maturity	14/12/2022 - Bond has expired
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Minimal amount	100 MKD
Total amount	2 100 000 000 MKD
Detailed description	North Macedonia is a landlocked Balkan country known for its rich history, encompassing ancient civilizations, Ottoman rule, and a recent declaration of independence from Yugoslavia, now characterized by a diverse cultural landscape and a developing economy. This financial article provides details on the recently matured sovereign bond, identified by ISIN MKMINFDYL204, which was issued by North Macedonia. As a sovereign state, North Macedonia served as both the issuer and the country of emission for this debt instrument. At its maturity, the bond was valued at 100% of its face value and denominated in the local currency, the Macedonian Denar (MKD). The total issuance size for this instrument was 2,100,000,000 MKD, with a minimum purchase unit set at 100 MKD. Notably, this bond carried a 0% interest rate, indicating it was likely structured as a zero-coupon instrument or similar, with a single repayment event at its maturity. The bond reached its final maturity date on December 14, 2022, and has been fully repaid and redeemed, signaling the successful discharge of North Macedonia's obligation to its bondholders.